K2 PARTNER
ActiveSummary
K2 PARTNER has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €83,929 and a net result of -€14,830. Equity is growing by ~19% per year across the filed fiscal years. Its solvency ranks better than 81% of 30 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability0▼-26
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 11.52 against 4.6 in 2025; short-term debt: 7.2% of total assets), and 7.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 25-09-2026, 128 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
128 d early
2025
1 d early
2024
87 d late
2023
5 d early
2022
1 d early
2021
3 d early
2020
6 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 4 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2027 and is due by 31-01-2028. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-06-2027 close31-01-2028 deadline
History
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Financials · fiscal year 2026, micro schema
Equity
€83,929▼ 15.0%
2025 · €98,758
Total assets
€90,422▼ 24.2%
2025 · €119,247
Net result
-€14,830
2025 · €6,594
Working capital
€68,283▼ 7.4%
2025 · €73,722
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€22,168▼ 14.3%€22,815▲ 2.9%€31,321▲ 37.3%-€19,465-€11,437▲ 41.2%
Net result€21,208within the sector's middle half▼ 16.3%€14,873within the sector's middle half▼ 29.9%€16,142within the sector's middle half▲ 8.5%€6,594within the sector's middle half▼ 59.1%-€14,830
Equity€61,149within the sector's middle half▲ 53.1%€76,021within the sector's middle half▲ 24.3%€92,164within the sector's middle half▲ 21.2%€98,758within the sector's middle half▲ 7.2%€83,929▼ 15.0%
Total assets€135,646within the sector's middle half▲ 124%€143,182within the sector's middle half▲ 5.6%€138,160within the sector's middle half▼ 3.5%€119,247within the sector's middle half▼ 13.7%€90,422▼ 24.2%
Debt€74,497▲ 262%€67,161▼ 9.8%€45,996▼ 31.5%€20,489▼ 55.5%€6,494▼ 68.3%
Working capital€57,551within the sector's middle half▲ 70.5%€55,331within the sector's middle half▼ 3.9%€59,687within the sector's middle half▲ 7.9%€73,722within the sector's middle half▲ 23.5%€68,283▼ 7.4%
Solvency45.1%within the sector's middle half▼ 20.9pp53.1%within the sector's middle half▲ 8.0pp66.7%within the sector's middle half▲ 13.6pp82.8%above the sector's middle half▲ 16.1pp92.8%▲ 10.0pp
Current ratio1.77within the sector's middle half▼ 0.871.89within the sector's middle half▲ 0.112.62within the sector's middle half▲ 0.734.60above the sector's middle half▲ 1.9811.52▲ 6.92
Return on assets (ROA)15.6%within the sector's middle half▼ 26.2pp10.4%within the sector's middle half▼ 5.2pp11.7%within the sector's middle half▲ 1.3pp5.5%within the sector's middle half▼ 6.2pp-16.4%▼ 21.9pp
above
within
below
the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11,437 in 2026 against €19,465 in 2025; the loss shrinks.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €90,422
Fixed assets
€15,646 ▼ 37.5%
Current assets
€74,776 ▼ 20.6%
Equity and liabilities €90,422
Equity
€83,929 ▼ 15.0%
Debt
€6,494 ▼ 68.3%
Debt's share of the balance-sheet total falls from 17.2% to 7.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€5,014▲
2025 · -€11,565
Cash flow
-€8,407▼
2025 · €14,495
Debt to equity
0.08▼
2025 · 0.21
ROE
-17.7%▼
2025 · 6.7%
Interest coverage
-15.74▲
2025 · -65.75
Debt ≤ 1 year
€6,494▼
2025 · €20,489
Income taxes
€107▼
2025 · €2,527
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,815 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 88% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.9%
went bankrupt
9.8%
stopped otherwise
88%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,815 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €2,193 | - | €168,000 | €12,599 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,596 | €5,937 | €7,618 | €7,901 | €6,423 | ▼ 18.7% |
| Other operating charges640/8 | €518 | €518 | €564 | €709 | €194 | ▼ 72.7% |
| Non-recurring operating charges66A | - | - | €180 | €3,973 | €61 | ▼ 98.5% |
| Gross operating margin9900 | €25,282 | €29,271 | €39,683 | -€6,883 | -€4,760 | ▲ 30.9% |
| Operating profit (loss)9901 | €22,168 | €22,815 | €31,321 | -€19,465 | -€11,437 | ▲ 41.2% |
| Financial income75/76B | €0 | €58 | €30 | €30,000 | - | - |
| Recurring financial income75 | €0 | €58 | €30 | €0 | - | - |
| Non-recurring financial income76B | - | - | - | €30,000 | - | - |
| Financial charges65/66B | €551 | €882 | €838 | €1,414 | €3,285 | ▲ 132% |
| Recurring financial charges65 | €502 | €850 | €788 | €176 | €319 | ▲ 81.1% |
| Non-recurring financial charges66B | €49 | €31 | €50 | €1,238 | €2,967 | ▲ 140% |
| Profit (loss) for the period before taxes9903 | €21,617 | €21,991 | €30,514 | €9,121 | -€14,723 | ▼ 261% |
| Income taxes67/77 | €409 | €7,118 | €14,371 | €2,527 | €107 | ▼ 95.8% |
| Profit (loss) for the period9904 | €21,208 | €14,873 | €16,142 | €6,594 | -€14,830 | ▼ 325% |
| Profit (loss) for the period to be appropriated9905 | €21,208 | €14,873 | €16,142 | €6,594 | -€14,830 | ▼ 325% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €135,646 | €143,182 | €138,160 | €119,247 | €90,422 | ▼ 24.2% |
| Fixed assets21/28 | €3,598 | €25,413 | €41,645 | €25,036 | €15,646 | ▼ 37.5% |
| Intangible fixed assets21 | - | €5,126 | €4,046 | €2,967 | - | - |
| Tangible fixed assets22/27 | €3,598 | €20,287 | €37,599 | €22,069 | €15,646 | ▼ 29.1% |
| Plant, machinery and equipment23 | €2,110 | €1,257 | €403 | - | - | - |
| Furniture and vehicles24 | €1,488 | €19,031 | €37,196 | €22,069 | €15,646 | ▼ 29.1% |
| Current assets29/58 | €132,048 | €117,769 | €96,515 | €94,212 | €74,776 | ▼ 20.6% |
| Amounts receivable within one year40/41 | €47,788 | €69,206 | €55,747 | €77,291 | €74,776 | ▼ 3.3% |
| Trade receivables40 | €35,106 | €36,847 | €7,628 | €8,288 | - | - |
| Other amounts receivable41 | €12,683 | €32,360 | €48,119 | €69,003 | €74,776 | ▲ 8.4% |
| Cash at bank and in hand54/58 | €84,259 | €48,562 | €40,768 | €16,921 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €135,646 | €143,182 | €138,160 | €119,247 | €90,422 | ▼ 24.2% |
| Equity10/15 | €61,149 | €76,021 | €92,164 | €98,758 | €83,929 | ▼ 15.0% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €53,089 | €67,961 | €84,104 | €90,698 | €75,869 | ▼ 16.4% |
| Amounts payable17/49 | €74,497 | €67,161 | €45,996 | €20,489 | €6,494 | ▼ 68.3% |
| Amounts payable after more than one year17 | - | €4,723 | €368 | - | - | - |
| Financial debts170/4 | - | €4,723 | €368 | - | - | - |
| Amounts payable within one year42/48 | €74,497 | €62,438 | €36,828 | €20,489 | €6,494 | ▼ 68.3% |
| Current portion of amounts payable after more than one year42 | - | €4,240 | €4,355 | €368 | - | - |
| Financial debts43 | - | - | - | - | €635 | - |
| Credit institutions430/8 | - | - | - | - | €635 | - |
| Trade debts44 | €60,514 | €40,297 | €8,033 | €4,049 | €5,779 | ▲ 42.7% |
| Suppliers440/4 | €60,514 | €40,297 | €8,033 | €4,049 | €5,779 | ▲ 42.7% |
| Taxes, remuneration and social security45 | €11,859 | €17,294 | €24,185 | €16,072 | - | - |
| Taxes450/3 | €10,359 | €12,794 | €24,185 | €16,072 | - | - |
| Remuneration and social security454/9 | €1,500 | €4,500 | - | - | - | - |
| Other amounts payable47/48 | €2,124 | €607 | €255 | - | €80 | - |
| Accrued charges and deferred income492/3 | - | - | €8,800 | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,208 | €14,873 | €16,142 | €6,594 | -€14,830 | ▼ 325% |
| + Depreciation and write-downs630 | €2,596 | €5,937 | €7,618 | €7,901 | €6,423 | ▼ 18.7% |
| Operating cash flow (approximation) | €23,804 | €20,810 | €23,760 | €14,495 | -€8,407 | ▼ 158% |
| Investment in fixed assets (approximation) | - | -€27,753 | -€23,850 | €8,709 | €2,967 | ▼ 65.9% |
| Change in cash | - | -€35,697 | -€7,795 | -€23,847 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
25-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
30-06
Financial
Liquidity triplescurrent ratio 11.52
Current ratio from 4.60 to 11.52; short-term debt falls from €20,489 to €6,494.
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 87 days late
2024
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €25,338
Net result €25,338 after one loss-making year.
25-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet -€23,574
Net result drops to -€23,574, the lowest in the series; recovery starts the following year.
21-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Koksijde · 1 establishment unit since 2015
Ground area
1,244 m²
Building footprint
417 m²
Volume, LiDAR
29 m³
Parcel 38343A0903/00A000, Flanders · tallest building 1.4 m. Linked by address, not a title deed.
1 establishment unit
K2 PARTNER
since 20152.243.137.965
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38343A0903/00A000 | Flanders | 1,243 m² | 1 · 417 m² | 1.4 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,531 companies in sector 90391 we hold annual accounts for 684. 527 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded23-06-2015
Fiscal year end30-06
Activities, NACEBEL 2025
90391Promotion and organisation of arts and performing arts events
82300Organisation of conventions and trade shows
93299Other amusement and recreation activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0632679134
Registered
17-10-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.